COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Wednesday, 21 November 12
ORPHEUS ENERGY SECURES FIRST COAL OFF TAKE CONTRACT


COALspot.com - Orpheus Energy Limited (ASX:OEG) has announced that it has signed a coal sales contract with an Indonesian steel manufacturing company, located in Banjarmasin, South Kalimantan. 

- Coal sales purchase agreement signed to supply coal to an Indonesian steel manufacturing group
- 8,000 – 10,000 tonnes per month of ADK coal to be delivered to the buyer
- Benchmark pricing with quarterly reviews

According to company’s press note, under the terms of this initial agreement, the off taker will purchase thermal coal from Orpheus Energy’s ADK Kintap mine f or one year, commencing December 2012, at the rate of 8,000 – 10,000 tonnes per month.  The coal will be transported by truck to the steel operation, approximately 140km from ADK, for use in power generation at the facility.

The coal will be sold at benchmark pricing, with quarterly adjustments, and the coal specification requires the following characteristics: Calorific Value 5500-5300 Kcal/Kg (ADB), 33-35% Total Moisture (ADB), 2-4% Ash (ADB), and 0.5% Sulphur (ADB).

Executive Chairman Wayne Mitchell said: “ We recently told shareholders that we were in negotiations regarding longer term contracts for our ADK coal and we are now happy to announce our first off take agreement. The benchmark pricing outcome represents a vote of confidence in the company’s ability to deliver,  and positions us t o sell increasing quantities of coal as our  mines ’ capacity grows.  This is an important milestone in our plans to establish Orpheus Energy as a significant supplier of coal to both export and Indonesian domestic markets”, a note from company said.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 27 November 12
NEWCASTLE PORT HAS SHIPPED 1.79 MILLION TONS OF COAL W/E 26 NOVEMBER
COALspot.com - Newcastle port in Australia has loaded 1,793,841 MT of thermal and coking coal for week ended  0700 hours 26 November 2012, Newc ...


Sunday, 25 November 12
INDONESIA TO INDIA SUPRAMAX FREIGHT RATES ARE EXPECTED TO BE FIRM - VISTAAR
COALspot.com - The freight market was buoyant this week with all sectors up except for the Cape size index. The BDI was up by 5.21 pct closing at 10 ...


Sunday, 25 November 12
INDONESIAN SUB BITUMINOUS COAL SWAP CONTRACTS SLIDE
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for February 2013 delivery lost 0.76percent WoW  but gained  0.16 percent DoD on Friday ...


Saturday, 24 November 12
DELTA DUNIA MAKMUR PRODUCES 3.2 MILLION TONS OF COAL IN OCTOBER
COALspot.com - PT Delta Dunia Makmur Tbk., has removed 31.1 million bcm* (-4.0% YoY) of Overburden in October 2012 totaled while coal production was ...


Friday, 23 November 12
CHOOSING THE RIGHT TIME TO INVEST IN NEW VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Shipping is all about timing, a process often rising to the height of artform, as ship owners are having to pick the exact moment of selling most of ...


   896 897 898 899 900   
Showing 4486 to 4490 news of total 6871
News by Category
Popular News
 
Total Members : 28,701
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Oldendorff Carriers - Singapore
  • Indian School of Mines
  • The Treasury - Australian Government
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Fearnleys - India
  • Planning Commission, India
  • GMR Energy Limited - India
  • ICICI Bank Limited - India
  • Ince & co LLP
  • Bank of America
  • Binh Thuan Hamico - Vietnam
  • Qatrana Cement - Jordan
  • Cargill India Pvt Ltd
  • Siam City Cement PLC, Thailand
  • The India Cements Ltd
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Petrosea - Indonesia
  • ETA - Dubai
  • Coaltrans Conferences
  • Bhushan Steel Limited - India
  • Global Business Power Corporation, Philippines
  • Edison Trading Spa - Italy
  • Directorate Of Revenue Intelligence - India
  • Indorama - Singapore
  • Antam Resourcindo - Indonesia
  • Reliance Power - India
  • Kepco SPC Power Corporation, Philippines
  • Banpu Public Company Limited - Thailand
  • Indian Energy Exchange, India
  • ANZ Bank - Australia
  • CoalTek, United States
  • SASOL - South Africa
  • Panama Canal Authority
  • Wood Mackenzie - Singapore
  • SGS (Thailand) Limited
  • Petron Corporation, Philippines
  • Ministry of Transport, Egypt
  • Mjunction Services Limited - India
  • Salva Resources Pvt Ltd - India
  • MEC Coal - Indonesia
  • Samtan Co., Ltd - South Korea
  • Karaikal Port Pvt Ltd - India
  • bp singapore
  • Renaissance Capital - South Africa
  • Bayan Resources Tbk. - Indonesia
  • San Jose City I Power Corp, Philippines
  • Deutsche Bank - India
  • PetroVietnam
  • Parliament of New Zealand
  • Eastern Coal Council - USA
  • Latin American Coal - Colombia
  • Surastha Cement
  • IBC Asia (S) Pte Ltd
  • Bank of China, Malaysia
  • Ministry of Finance - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Peabody Energy - USA
  • Infraline Energy - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Singapore Mercantile Exchange
  • Pinang Coal Indonesia
  • Indogreen Group - Indonesia
  • Grasim Industreis Ltd - India
  • Simpson Spence & Young - Indonesia
  • Manunggal Multi Energi - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • Maheswari Brothers Coal Limited - India
  • PLN - Indonesia
  • Arutmin Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Billiton Holdings Pty Ltd - Australia
  • Straits Asia Resources Limited - Singapore
  • Ministry of Mines - Canada
  • Global Coal Blending Company Limited - Australia
  • TeaM Sual Corporation - Philippines
  • Pendopo Energi Batubara - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • Formosa Plastics Group - Taiwan
  • Therma Luzon, Inc, Philippines
  • Neyveli Lignite Corporation Ltd, - India
  • Shree Cement - India
  • Central Java Power - Indonesia
  • RBS Sempra - UK
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Shenhua Group - China
  • KPMG - USA
  • MS Steel International - UAE
  • CCIC - Indonesia
  • Maersk Broker
  • Ambuja Cements Ltd - India
  • Ind-Barath Power Infra Limited - India
  • Arch Coal - USA
  • Makarim & Taira - Indonesia
  • Thailand Anthracite
  • KEPCO - South Korea
  • Asian Development Bank
  • OCBC - Singapore
  • Vijayanagar Sugar Pvt Ltd - India
  • Uttam Galva Steels Limited - India
  • The University of Queensland
  • Anglo American - United Kingdom
  • Coal Orbis AG
  • Sinarmas Energy and Mining - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • TRAFIGURA, South Korea
  • Larsen & Toubro Limited - India
  • Bulk Trading Sa - Switzerland
  • Gujarat Sidhee Cement - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • OPG Power Generation Pvt Ltd - India
  • Eastern Energy - Thailand
  • Coalindo Energy - Indonesia
  • Xindia Steels Limited - India
  • Interocean Group of Companies - India
  • APGENCO India
  • Sical Logistics Limited - India
  • Metalloyd Limited - United Kingdom
  • Madhucon Powers Ltd - India
  • Posco Energy - South Korea
  • Sojitz Corporation - Japan
  • London Commodity Brokers - England
  • Parry Sugars Refinery, India
  • Coeclerici Indonesia
  • Romanian Commodities Exchange
  • Mitsubishi Corporation
  • Riau Bara Harum - Indonesia
  • Jaiprakash Power Ventures ltd
  • Bukit Makmur.PT - Indonesia
  • GNFC Limited - India
  • Kobexindo Tractors - Indoneisa
  • Petrochimia International Co. Ltd.- Taiwan
  • Rio Tinto Coal - Australia
  • Gresik Semen - Indonesia
  • Bhatia International Limited - India
  • Cement Manufacturers Association - India
  • Kapuas Tunggal Persada - Indonesia
  • Sakthi Sugars Limited - India
  • SN Aboitiz Power Inc, Philippines
  • Miang Besar Coal Terminal - Indonesia
  • Argus Media - Singapore
  • Semirara Mining Corp, Philippines
  • JPMorgan - India
  • Jatenergy - Australia
  • Tamil Nadu electricity Board
  • U S Energy Resources
  • Ernst & Young Pvt. Ltd.
  • Meenaskhi Energy Private Limited - India
  • Commonwealth Bank - Australia
  • Coal India Limited
  • Tata Chemicals Ltd - India
  • Baramulti Group, Indonesia
  • Independent Power Producers Association of India
  • Orica Australia Pty. Ltd.
  • PTC India Limited - India
  • NTPC Limited - India
  • Indonesian Coal Mining Association
  • Vale Mozambique
  • Iligan Light & Power Inc, Philippines
  • Africa Commodities Group - South Africa
  • Altura Mining Limited, Indonesia
  • Malco - India
  • Savvy Resources Ltd - HongKong
  • AsiaOL BioFuels Corp., Philippines
  • Coastal Gujarat Power Limited - India
  • Bhoruka Overseas - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Minerals Council of Australia
  • Bharathi Cement Corporation - India
  • Thriveni
  • IEA Clean Coal Centre - UK
  • Star Paper Mills Limited - India
  • Karbindo Abesyapradhi - Indoneisa
  • Leighton Contractors Pty Ltd - Australia
  • J M Baxi & Co - India
  • Cemex - Philippines
  • Adani Power Ltd - India
  • SMC Global Power, Philippines
  • IHS Mccloskey Coal Group - USA
  • IMC Shipping - Singapore
  • Cebu Energy, Philippines
  • Clarksons - UK
  • Samsung - South Korea
  • JPower - Japan
  • Dalmia Cement Bharat India
  • ING Bank NV - Singapore
  • IOL Indonesia
  • KOWEPO - South Korea
  • Thermax Limited - India
  • Gupta Coal India Ltd
  • Credit Suisse - India
  • Merrill Lynch Bank
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • WorleyParsons
  • Marubeni Corporation - India
  • Power Finance Corporation Ltd., India
  • UBS Singapore
  • PLN Batubara - Indonesia
  • South Luzon Thermal Energy Corporation
  • Mintek Dendrill Indonesia
  • SUEK AG - Indonesia
  • Coal and Oil Company - UAE
  • Kobe Steel Ltd - Japan
  • Kaltim Prima Coal - Indonesia
  • Permata Bank - Indonesia
  • Xstrata Coal
  • Indonesia Power. PT
  • Lanco Infratech Ltd - India
  • Carbofer General Trading SA - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Maybank - Singapore
  • Thai Mozambique Logistica
  • Globalindo Alam Lestari - Indonesia
  • Bangladesh Power Developement Board
  • Noble Europe Ltd - UK
  • Mechel - Russia
  • Heidelberg Cement - Germany
  • Toyota Tsusho Corporation, Japan
  • Mercuria Energy - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • NALCO India
  • Rashtriya Ispat Nigam Limited - India
  • Sarangani Energy Corporation, Philippines
  • Cigading International Bulk Terminal - Indonesia
  • Australian Coal Association
  • Malabar Cements Ltd - India
  • Sucofindo - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Enel Italy
  • globalCOAL - UK
  • Goldman Sachs - Singapore
  • Wilmar Investment Holdings
  • Price Waterhouse Coopers - Russia
  • Energy Link Ltd, New Zealand
  • LBH Netherlands Bv - Netherlands
  • DBS Bank - Singapore
  • Energy Development Corp, Philippines
  • Runge Indonesia
  • Central Electricity Authority - India
  • European Bulk Services B.V. - Netherlands
  • EIA - United States
  • CESC Limited - India
  • Maruti Cements - India
  • Economic Council, Georgia
  • UOB Asia (HK) Ltd
  • Sree Jayajothi Cements Limited - India
  • Standard Chartered Bank - UAE
  • ASAPP Information Group - India
  • Australian Commodity Traders Exchange
  • GHCL Limited - India
  • White Energy Company Limited
  • Agrawal Coal Company - India
  • The State Trading Corporation of India Ltd
  • GVK Power & Infra Limited - India
  • PNOC Exploration Corporation - Philippines
  • Vitol - Bahrain
  • Idemitsu - Japan
  • Vedanta Resources Plc - India
  • TNB Fuel Sdn Bhd - Malaysia
  • World Coal - UK
  • Mercator Lines Limited - India
  • Jindal Steel & Power Ltd - India
  • Chettinad Cement Corporation Ltd - India
  • Trasteel International SA, Italy
  • World Bank
  • Borneo Indobara - Indonesia
  • Moodys - Singapore
  • India Bulls Power Limited - India
  • KPCL - India
  • Platts
  • Rudhra Energy - India
  • Mitsui
  • BRS Brokers - Singapore
  • McKinsey & Co - India
  • HSBC - Hong Kong
  • SRK Consulting
  • Essar Steel Hazira Ltd - India
  • Tata Power - India
  • Total Coal South Africa
  • Inco-Indonesia
  • Kumho Petrochemical, South Korea
  • Aditya Birla Group - India
  • TNPL - India
  • Siam City Cement - Thailand
  • Glencore India Pvt. Ltd
  • Cosco
  • Videocon Industries ltd - India
  • CNBM International Corporation - China
  • Jorong Barutama Greston.PT - Indonesia
  • Bangkok Bank PCL
  • Thomson Reuters GRC
  • Indo Tambangraya Megah - Indonesia
  • Deloitte Consulting - India
  • Inspectorate - India
  • Japan Coal Energy Center
  • EMO - The Netherlands
  • McConnell Dowell - Australia
  • Bahari Cakrawala Sebuku - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Merrill Lynch Commodities Europe
  • International Coal Ventures Pvt Ltd - India
  • Adaro Indonesia
  • Geoservices-GeoAssay Lab
  • Alfred C Toepfer International GmbH - Germany
  • VISA Power Limited - India
  • Barclays Capital - USA
  • Vizag Seaport Private Limited - India
  • New Zealand Coal & Carbon
  • Lafarge - France
  • CIMB Investment Bank - Malaysia
  • Barasentosa Lestari - Indonesia
  • Georgia Ports Authority, United States
  • Gujarat Electricity Regulatory Commission - India
  • Attock Cement Pakistan Limited
  • Electricity Generating Authority of Thailand
  • Thiess Contractors Indonesia
  • Aboitiz Power Corporation - Philippines
  • Indian Oil Corporation Limited
  • Orica Mining Services - Indonesia
  • Humpuss - Indonesia
  • Britmindo - Indonesia
  • TANGEDCO India
  • Asmin Koalindo Tuhup - Indonesia
  • Tanito Harum - Indonesia
  • ACC Limited - India
  • Kideco Jaya Agung - Indonesia
  • TGV SRAAC LIMITED, India
  • Kohat Cement Company Ltd. - Pakistan
  • Platou - Singapore
  • Krishnapatnam Port Company Ltd. - India
  • Freeport Indonesia
  • GB Group - China
  • Core Mineral Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Indika Energy - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • PetroVietnam Power Coal Import and Supply Company
  • Cardiff University - UK
  • Port Waratah Coal Services - Australia
  • Berau Coal - Indonesia
  • Asia Cement - Taiwan
  • Semirara Mining and Power Corporation, Philippines
  • Gujarat Mineral Development Corp Ltd - India
  • Sindya Power Generating Company Private Ltd
  • Meralco Power Generation, Philippines
  • Russian Coal LLC
  • Holcim Trading Pte Ltd - Singapore
  • SMG Consultants - Indonesia
  • Chamber of Mines of South Africa
  • BNP Paribas - Singapore
  • Mitra SK Pvt Ltd - India
  • Electricity Authority, New Zealand
  • PowerSource Philippines DevCo
  • Intertek Mineral Services - Indonesia
  • Medco Energi Mining Internasional